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NEWS ARCHIVE

ExxonMobil in 1Bbbl discovery

EXXONMOBIL and its partners have uncovered a potential new one billion barrel discovery off the coast of Nigeria.

The US supermajor said overnight that Owowo-3, which spudded in September, had encountered 140m of oil-bearing reservoir. Owowo-3 extends the resource discovered by the Owowo-2 well, which encountered...

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